Author

 
Larry Elliott

Larry Elliott

    Cracks showing in economic crust
    Cracks showing in economic crust
    Reading the International Monetary Fund's half-yearly global financial stability review feels similar to watching smoking volcanoes.
    Greece's creditors are still digging their own graves
    Greece's creditors are still digging their own graves
    By lending Greece money, eurozone members bear some responsibility for the plight of the beleaguered country.
    Stakes high as US plays oil card
    Stakes high as US plays oil card
    A ploy to soften up Russia and Iran might inflict collateral damage on its own shale industry.
    Belgium wins World Cup of poverty gaps
    Belgium wins World Cup of poverty gaps
    If financial equality determined the tournament outcome, then Latin America wouldn't stand a chance.
    Our next financial crisis - due in 2015
    Our next financial crisis - due in 2015
    Financial crises come round every seven years or so – if history is a guide, the next crisis should come along some time soon.
    IMF cuts growth forecasts as global economic expansion slows
    IMF cuts growth forecasts as global economic expansion slows
    Global economic growth rates will fall this year, with the International Monetary Fund revising down its forecasts for 2013 and 2014 accordingly.
    Triple whammy will sink the euro
    Triple whammy will sink the euro
    Unemployment has been up by 95 000 in April and, if the trend continues, an unenviable milestone will be reached by Christmas.
    Central banks go for bust
    Central banks go for bust
    There have been only a handful of occasions when a decline has been seen equivalent to the May 22 sell-off in Tokyo.
    IMF: World economy risks new phase of financial crisis
    IMF: World economy risks new phase of financial crisis
    The IMF has warned that the repair job on the world's financial system is partly completed and failure to finish it risks a new phase for the crisis.
    US urges Europe to substitute growth for austerity
    US urges Europe to substitute growth for austerity
    Portugal is heading towards its second international bailout.
    Time to ditch the euro
    Time to ditch the euro
    The dismal failure of Europe's monetary union means it should be abandoned to save countries.